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Digital Currency Council Joins 500 Startups Accelerator

| Yessi Bello Perez

The Digital Currency Council (DCC) has announced that it will join California-based 500 Startups' accelerating programme.

Cryptos ‘Not a Substitute’ for the Precious Metal, Says World Gold Council

| Yogita Khatri

Cryptocurrencies can't match gold on stability and volume, and are not a direct competitor, says the World Gold Council.

Hong Kong Official Rules Out Plan for Central Bank Digital Currency

| Wolfie Zhao

Hong Kong's de facto central bank has no plan to issue a central bank digital currency (CBDC), a government official said on Wednesday.

India Considers New Tax on Cryptocurrency Trades

| Sujha Sundararajan

India could soon impose goods and services tax (GST) on many digital currency transactions, a report indicates.

Thailand Inches Closer to Cryptocurrency Taxation

| Wolfie Zhao

Thailand is expected to enact a law soon that will mandate cryptocurrency traders for both value added tax as well as capital gain tax.

CULedger, Evernym Release Digital ID Blockchain for Credit Unions

| Nikhilesh De

The DLT-based system, known as MyCUID, is billed as a way for members of credit unions to protect themselves from identity theft and fraud.

Saudi, UAE Central Banks Team Up to Test Cryptocurrency

| Stan Higgins

The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.

ECB President Draghi: Cryptocurrency Impact Still ‘Limited’

| Nikhilesh De

European Central Bank president Mario Draghi reiterated his view that cryptocurrencies are too small to regulate on Monday.

The European Union Wants to Beef Up Penalties for Cryptocurrency Crimes

| Stan Higgins

The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.

Swiss Government Says It’s ‘Swiftly’ Developing Digital Currency Rules

| Stan Higgins

Switzerland’s government said today that it is "swiftly" moving toward a legal designation of digital currencies.

Swiss Government Says It’s ‘Swiftly’ Developing Digital Currency Rules

| Stan Higgins

Switzerland’s government said today that it is "swiftly" moving toward a legal designation of digital currencies.